Business news briefs

Business news briefs
By The Associated Press Published: February 13, 2013
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Lean Cuisine recalled in Alaska

— Alaska environmental regulators say Nestle Prepared Foods Co. has issued a recall of Lean Cuisine mushroom ravioli after consumers reported glass shards in the product. Affected packages of Culinary Collection Mushroom Mezzaluna Ravioli have productions codes of 2311587812 and 2312587812. Both codes have a “best before” date of December 2013. The Alaska Department of Conservation says the product was distributed in November. Officials say there have been no reports of injuries or illnesses.

Yahoo eyes fewer phone apps

— Yahoo CEO Marissa Mayer thinks the Internet company will be able to please more people with fewer smartphone applications. She told investors during a Tuesday presentation that she thinks Yahoo will be better served with 12 to 15 mobile applications, down from a “scattered” portfolio of as many as 75 programs in recent years. By jettisoning some mobile applications and combining some elements in the same program, Mayer thinks Yahoo's services will become more deeply ingrained as daily habits that will “delight and inspire” its 200 million mobile users.

World

Barclays CEO pledges changes

Be honest. Or be gone. That's the message from the new chief executive at Barclays, the British bank that paid a $453 million fine for manipulating a key global interest rate. As he tried to put a brave face on 3,700 new job cuts and growing financial losses, CEO Anthony Jenkins said Tuesday that ethics matter as much as a given quarter's bottom line. “Barclays is changing,” Jenkins said at a news conference in London. “There will be no going back to the old ways of doing things.” Jenkins has good reason to embrace the high road. Even though Barclays avoided a government bailout during the global financial crisis, the lender has faced scandals that are costing it billions of pounds.

From Wire Reports



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